Stocks claw higher, US dollar weakens

Stocks (^DJI, ^GSPC, ^IXIC) are moving higher after a slow start to the trading day. The utilities (XLU) sector and real estate (XLRE) sector are most in the green, and the energy (XLE) sector is most in the red. Alan Valdes of Silverbear Capital joins us live from the floor of the New York Stock Exchange to talk markets. To discuss the other big stories of the day, Yahoo Finance’s Seana Smith is joined by Yahoo Finance Editor-in-Chief Andy Serwer, Ethan Wolff-Mann and Melody Hahm. Melody also talks with Tom Brennan of Waterford Crystal about the New Year’s Eve ball drop.